This website is a testimony to the problems Canadian Student Loan borrowers experienced from approximately 1996 to 2008 and until their loans were paid off.

The privatization of the Student Loans system by the Chretien and Martin Liberal governments broke the system and defaulted thousands of borrowers who were trying to pay their loans. There were even stories of suicide due to the harassment of borrowers.

Read the report that I prepared back in 2007 here. Canada Student Loans-The Need for Change Fortunately the new Conservative government at the time revamped the program and fixed the system for new borrowers, but borrowers under the previous program were left with ruined credit and continued harassment from debt collectors.

I call on the Canadian Government to apologize to the borrowers affected by this fiasco and make amends.

Unfortunately the Liberal government is again clobbering the Education system with their upcoming changes to International Student Visas. Yes, there's a problem, but instead of a well thought out plan, they have pulled the emergency brake on the train causing a derailment. This has introduced unprecedented instability for both private and public education institutions who serve both international and local students.

Universities can't plan. I've heard of courses being cut because the government has no process in place for universities to send the newly required acceptance letters to the government.

This means that students who have been accepted can not attend courses that start in the summer 2024 semester. With cut sections, current Canadian students will have trouble getting courses, and may have to switch to part-time which changes their enrollment status and might trigger repayment of their loans or ineligibility for funding. I've seen this before. It wreaks havoc on the student loan borrowers.

Again, the Liberal government has messed up the education environment. Will the new system needed in a rush for the acceptance letters be the new Arrivecan scandal?

I call on the government to implement a slower phased in approach and delay the requirement of the acceptance letters until a process is in place to submit these letters.


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brokndowing View Drop Down
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    Posted: 20/May/2010 at 6:12pm
So I googled Mark Silverthorn and lo and behold he apparently represents debtors now too .He was a former litigator/collector , so being suspicious as I am of everything internet I was wondering what the deal is? Is this a ploy to get info for collection agencies by unsuspecting student loan debtors or is he doing what you do now Johnny ? He also has a book on dealing with agencies!!Maybe a different Silverthorn but unlikely.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 21/May/2010 at 6:23am
That is the same guy. He represented collection agencies and they all gave him the boot from what ha s been gathered. He ran out of agencies to work for so he decided to go a different route. He  wants people to buy his book, which is understandable. He doesn't do what I do though. What he does is different than what I do. Buy his book and see if it works. Who knows.
 
Johnny  
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

solvestudentdebt.com
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Post Options Post Options   Thanks (0) Thanks(0)   Quote brokndowing Quote  Post ReplyReply Direct Link To This Post Posted: 21/May/2010 at 3:38pm
No thanks . He can keep it . I called your number after hours your time and your mailbox recording said it was full(it is a generic monotone female voice right?). So I thought maybe I'd ask here if I should just start with the limitations module and contact you if necessary or should I contact you and go from there? . I wanted to call earlier but have had my third car accident in a year and had to deal with the legal end of that first. So now this has to be dealt with so I can clean my plate of headaches!!! 
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